Foreign institutional investors (FIIs) bought shares worth a net Rs 922.89 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 604.57 crore on May 22, provisional data from the National Stock Exchange showed.

Source: https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-sgx-nifty-adani-shares-asia-us-markets-tuesday-23-may/3098066/

Similarly, the DIIs pumped in over $14 billion when the Nifty crashed from around 9,000 in March 2015 to 6,800 in February 2016.

Source: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/if-fii-investments-push-markets-to-peaks-dii-flows-cushion-the-fall/article67084858.ece

Valuations in certain segments are becoming attractive, which may prompt Domestic Institutional Investors (DIIs) and retail investors to consider buying stocks in those areas.

Source: https://theshillongtimes.com/2023/10/04/global-market-trends-remain-negative-us-bond-yields-impacting-fii-selling-experts/

V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services said an important trend in the market is the increasing clout of DIIs, HNIs and retail investors and the diminishing influence of FPIs.

Source: https://www.ibtimes.co.in/sensex-scales-66k-mark-400-point-jump-863974